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...Just as the productivity slowdown was associated with a slower growth of real per capita income, the productivity resurgence since the mid-1990s has been accompanied by a pickup in real income growth. One measure of average living standards, real consumption per capita, is nearly 35 percent higher today than in 1995. In addition, the flood of innovation that helped spur the productivity resurgence has created many new job opportunities, and more than a few fortunes. But changing technology has also reduced job opportunities for some others--bank tellers and assembly-line workers, for example. And that is the crux...

Author: By Crimson News Staff | Title: Full Text of Ben Bernanke's Class Day Speech | 6/4/2008 | See Source »

...earlier papers that was used by many observers to suggest the possibility of a mid-1990s inflection point in productivity growth was Corrado and Slifman (1999). The initial version of this paper was posted on the Federal Reserve's web site on November...

Author: By Crimson News Staff | Title: Full Text of Ben Bernanke's Class Day Speech | 6/4/2008 | See Source »

...early decisions arrived in the mail in mid-December, high school seniors had to decide whether to send in their Harvard application by January 1. And though the admissions office expressed concern over the number of applications only a month prior to the regular decision deadline, over 27,000 students applied to Harvard—an 18 percent increase from the previous year...

Author: By Arianna Markel, CRIMSON STAFF WRITER | Title: Harvard's New Delayed Opening | 6/4/2008 | See Source »

Axel Brugger, who will graduate from a mid-career master’s program today, said the speech reminded him of the words on the gates of Harvard Yard which read “Enter to grow in wisdom” and on the inside “Depart to serve better thy country and thy kind...

Author: By Alexandra perloff-giles, CRIMSON STAFF WRITER | Title: Liberian President Counsels Harvard Kennedy School Grads | 6/4/2008 | See Source »

...Mid-Cambridge Neighborhood Association President Doane Perry praised Harvard’s entreaties, which included a community open house at the Fogg...

Author: By Joshua J. Kearney, CRIMSON STAFF WRITER | Title: Packing Up the Museums | 6/4/2008 | See Source »

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